Charter Communications has closed its $34.5 billion merger and acquisition with Cox Communications, in a deal that creates the largest US cable operator in the country.
The deal has finally closed following approval from California last week, as Charter also closed its all-stock acquisition of Liberty Broadband Corporation.
– Charter Communications
Charter's merger with Cox was first announced in May of last year, when the two cable rivals confirmed a definitive agreement had been reached to combine their two businesses.
Approval from the California Public Utilities Commission (CPUC) last week followed that of the Federal Communications Commission (FCC), which OK'd the merger in March.
